Better Health for All

Through its Optimus Foundation, UBS invests in strengthening healthcare workforce capacity by training and professionalizing community health workers.

The Healthy Learners program, for example, has trained 4,000 school health workers. UBS's core financial services products and operations have no significant direct positive or negative health impact, nor do they carry health risks requiring disclosure or have addiction potential.

Fair Money & Economic Opportunity

No specific, quantifiable evidence was found in the provided articles to assess UBS.US against the defined KPIs for Fair Money & Economic Opportunity. Information regarding the percentage of underserved clients, pricing fairness, revenue from high-cost products, share of loan/insurance book for inclusion initiatives, data accessibility, fair lending compliance findings, wealth-building outcomes for customers, profit reinvestment in community finance, reach of financial literacy programs as a percentage of customers, average customer debt-to-income ratio, geographic inclusion in underserved areas, or product simplicity was not explicitly stated or quantifiable against the rubric's thresholds. While some articles mention philanthropic initiatives and financial literacy programs

, they do not provide the necessary metrics (e.g., percentage of total customers, share of loan book, measured outcomes) to align with the scoring rubric.

Fair Pay & Worker Respect

UBS reported an employee engagement score of 83% in 2024, which is above the financial services benchmark.

No substantiated labor law or human rights violations have been reported in the past three years. While a lawsuit was filed in 2023 alleging systemic failure to pay overtime and other labor law violations in California, this represents an allegation rather than a substantiated violation.

Fair Trade & Ethical Sourcing

The provided articles outline UBS's Responsible Supply Chain Management (RSCM) policy and Supplier Code of Conduct

, which describe a framework for assessing and monitoring supplier practices, including human and labor rights, environmental impact, health and safety, and anti-corruption . The policy applies to direct suppliers and expects them to apply similar standards to their own suppliers , including ESG criteria in vendor evaluations and selection . However, the articles explicitly state that no specific quantitative data, percentages, dollar amounts, numbers, or dates are provided for any of the requested fair trade and ethical sourcing metrics for UBS.US .

Honest & Fair Business

UBS was fined $19.5 million by the SEC in 2023 for making false and misleading statements in offering materials for structured notes.

The company has a formal whistleblower reporting mechanism that allows for anonymous submissions. , but confidentiality is stated as a goal and is not guaranteed.

Kind to Animals

As a financial services company, UBS's core business operations do not involve activities such as product manufacturing requiring cruelty-free certification, animal testing, animal husbandry, or the sourcing of animal-derived ingredients or agricultural products. Therefore, these KPIs are not applicable to the company's direct operations. While UBS has a Responsible Supply Chain Standard from 2022

and a policy not to provide services to clients associated with severe environmental damage through the use of endangered species , there is no specific evidence regarding the percentage of animal-related suppliers audited for welfare compliance, measurable wildlife conservation impact, or active public policy engagement in animal welfare.

No War, No Weapons

UBS Asset Management previously excluded investments in companies generating over 10% of their revenues from conventional military weapons, but this exclusion has been scrapped for some sustainability funds.

However, exclusions still apply to controversial weapons such as cluster munitions, anti-personnel mines, chemical, and biological weapons, and companies violating the Treaty on the Non-Proliferation of Nuclear Weapons. The company has pledged USD 20 million in donations and matching for Israel and Gaza emergency humanitarian relief and raised over USD 56 million for the Ukraine Relief Fund, committing to add 10% or more to employee and client donations for these efforts.

Planet-Friendly Business

UBS Group's total gross greenhouse gas emissions in 2024 were 1.196 million tCO₂e.

The company achieved 99.8% renewable electricity coverage in 2024. Its waste diversion rate, based on valuable materials separated and recycled, was 52.9% in 2024. UBS has a net-zero target for operational emissions by 2035, with an interim goal to reduce Scope 1 and 2 emissions by 57% by 2030 from a 2023 baseline. The company aligns its disclosures with TCFD recommendations and uses comprehensive scenario analysis, including Net Zero 2050 and Below 2°C pathways, to assess climate risks. While UBS utilized SBTi guidance for its combined 2030 targets, these targets are not explicitly validated. For supply chain climate transparency, 70% of invited vendors, accounting for 67% of annual vendor spend, completed climate disclosures via CDP. The company has minimal biodiversity efforts, such as installing green roofs and employee volunteering. Despite having formal standards for high-deforestation-risk commodities, entities funded by UBS have been linked to significant deforestation, indicating a failure in policy implementation.

Respect for Cultures & Communities

UBS applies group-wide guidelines on sustainability and climate risks, including a Sustainability and Climate Risk Policy Framework, to identify and address potential adverse effects on human rights and indigenous rights.

However, the company provided US$3.2 billion in loans to Glencore between 2016 and 2023, despite Glencore's subsidiary being accused of human rights violations impacting indigenous peoples, and its claims contradicted by Colombian court rulings, indicating inconsistent implementation of its protocol. There are no reported cultural appropriation incidents. UBS has declined to back some transactions when the origin of oil was verifiably in breach of its standards, including those protecting indigenous land rights and UN heritage sites. It also does not finance companies primarily involved in illegal logging or high conservation value forests. UBS employees met twice with Colombian activists in 2022 and 2023 regarding alleged social and environmental impacts of a Glencore subsidiary, and subsequently requested additional information. UBS also provided the Society of Threatened Peoples with its positions on a matter ahead of their report's publication, demonstrating reactive responses to cultural incidents.

Safe & Smart Tech

UBS experienced a data breach on June 12, 2024, through a cyberattack on its third-party supplier, Chain IQ.

This incident affected 130,000 UBS employees, with their contact details, job roles, locations, and the CEO's phone number being exposed and published on the dark web. No client data was compromised. UBS took swift action to contain the incident. Affected parties were notified by 20:00 CET on the day the data was posted. The Swiss financial market regulator, Finma, is aware of the incident and is handling it according to established procedures. , with no regulatory violations or fines mentioned for UBS.

Zero Waste & Sustainable Products

The provided articles discuss general industry trends in sustainable packaging and circularity, such as the 70% capture rate for paper products

and 8% recycling rate for plastics in the US, and the use of 40-50% post-consumer recycled material in some plastic products. They also mention UBS's ISO 14001 and ISO 50001 certifications, a Responsible Supply Chain Management Policy, Responsible Supply Chain Standards, and a Supplier Code of Conduct. However, none of the articles provide specific, quantifiable data on UBS.US's own waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back program coverage, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education. Therefore, no KPIs can be scored based on the evidence provided.